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To: All
Here's a pension "reveal" that really takes the cake.

Munis, cities and states are over-run w/ greedy govt employees salivating over pension/disabilty payouts ......like this creep.

Seems a conniving former cop in a NJ city is making another attempt to get a hefty state disability pension even though the dumbo's first attempt cost him his job.

BACKSTORY In 2010, the conniving policeman dreamed up a perfect plan: While he was alone on the job---on patrol---his wife would drive up in a dark van, shoot him in the leg, then escape----to be described as an "unknown assailant"

B/c if the conniving greedster cop were injured "in the line of duty," he could retire on disability, with a tax-free pension of about $50,000 a year, for the rest of his life.

Alas, when the Mrs fired, she missed her husband and shot-up his pants leg instead. Undeterred by this "minor detail," the conniver-cop reported the "shooting by an unknown assailant" over police radio.....

......but an astute plainclothes officer, who happened to be nearby, nabbed the "unknown assailant"-----the Mrs.

The jig was up. The law came down.

The county prosecutor made a deal the cop couldn’t refuse: one count of disorderly conduct, a year of probation, $158 in fines and court costs and loss of his police job of 17 years......

His one consolation was having a souvenir of the "shooting"....a pair of unusable pants.

BELIEVE IT OR NOT Now, he's going for a disability claim, again, that he allegedly suffered two years before his sharpshooting wife hit his pants leg.

So? If he had suffered a disability in 2008, why did he set up the shady 2010 shooting scheme w/ his wife?

==================================================

MORAL OF THE STORY Govt employees must lay awake nights dreaming up ways to cash in on the backs of the taxpayers.

There have been reported cases of cops on the job also collecting disability.

And "retired" cops collecting munificent pensions, working in other states.

In NJ, it was found at least 10 officials are collecting both a public pension and a public salary.

Another case involved a cop retiring, collecting a pension, but holding the same job he retired from.

5 posted on 05/07/2014 8:32:19 AM PDT by Liz
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To: All
HERE'S HOW CROOKED POLS STEAL FROM STATE PENSION FUNDS---Every NY pol has his greasy fingers in the state asset pie---and they all get a cut.

Circa 2009---http://www.bloomberg.com/apps/news?pid=newsarchive&sid=alOHQSn5zgOk

Hank Morris, the chief political consultant to then-NY state comptroller Alan Hevesi, who administers the $100 billion state pension fund, was charged criminally in March 2009 with selling access to pension fund assets in exchange for kickbacks from money managers such as Liberty Oak that wanted the lucrative pension investment business.

Memphis-based Consulting Services Group, which created the Liberty Oak fund-of-funds for the state, is identified in both the Morris indictment and the SEC complaint as having paid him fees.

CSG hasn’t been criminally charged or sued by the SEC.

Liberty Oak received $200 million on July 1, 2006, the same day EnTrust received $15 million from Liberty Oak, according to Whalen. EnTrust got another $5 million through Liberty Oak on June 1, 2007, he said. John Nester, a spokesman for the SEC, declined to comment on whether EnTrust is under investigation.

Then-AG Andrew Cuomo (now NY governor) prosecuted the case---but recused himself b/c he used one of the financial entities.

Liberty Oak was established in June 2006 for a portfolio of hedge fund investments for the New York state Common Retirement Fund. CSG, as general partner of the fund, managed the hedge fund investments for the state.

Morris brazenly established an offshore account to funnel crooked monies.

NOTE Morris and Hevesi both went to jail----were recently released (to enjoy the billions they stashed away offshore).

7 posted on 05/07/2014 8:37:57 AM PDT by Liz
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